Sometimes it is false economy to go for a cheaper setup. I've only been flying for about a month and I'm already wishing I had gone for different equipment:
- a 6 channel tx instead of the 4.
- a programmable ESC instead of the one with the set cutoff point.
- 1050 mah batteries instead of 650 mah.

If you know you're going to be in the hobby for a while, get the best you can afford.